On 29th of July 2011, PT. Central proteinaprima, Tbk through Novian & Partners has filed bankruptcy petition against PT. Banggai Sentral Shrimp at Commercial Court on Surabaya District Court as case Number 27/Pailit/2011/PN.Niaga.Sby. Such bankruptcy petition filed, regarding with obligation to pay debt by PT. Banggai Sentral Shrimp which is due and payable to PT. Central proteinaprima, Tbk. On 28th of September 2011, Commercial Court on Surabaya District Court has given the Verdict of Bankruptcy Petition case Number 27/Pailit/2011/PN.Niaga.Sby., which stated among others to grant a Bankruptcy Petition for all and to state the Respondent which is PT. Banggai Sentral Shrimp, domicile at Jl. Perak Timur No. 30 Surabaya – Jawa Timur was bankrupt with all its legal risk. Against the Verdict Number 27/pailit/2011/PN.Niaga.Sby, on 3rd of October 2011 PT. Banggai Sentral Shrimp has filed a cassation.